• Proceedings of the Safety Management and Science Conference
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• 2002.11a
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• pp.17-23
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• 2002

Value can be defined as function divided by cost. The ultimate goal of VE (Value Engineering) is to simultaneously reduce cost and to enhance function in given projects. In general, there are eight phases (Selection, Investigation, Speculation, Evaluation, Development. Presentation, Implementation, and Audit) to perform VE. This paper presents analysis of important factors for VE in construction fields using QFD (Quality Function Deployment) technique. QFD was introduced in 1972 to help design supertanker in Mitsubish's shipyards in Kob, Japan and formally defined by the American Supplier Institute in 1987 as a system for translating consumer requirements into appropriate company requirements at every stage, from research, through product design and development, to manufacture, distribution, installation, and marketing, sales and services. The objective of this paper is to provide and analyze the trend on the viewpoint of efficient value engineering of field workers. The data are collected by questionnaires. The samples for this study are chosen from 13 companies in Korea during 2 months (2002. 7 ∼ 2002. 8). The results of this study will play an important role not only for the efficient value engineering but also for preparing of life cycle cost analysis.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.36 no.5
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• pp.881-889
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• 2016

The VE evaluation process, in which the value is composed of the cost and the function, should have a characteristic of quantitative analysis based on specific figures rather than qualitative approach. However, most of the VE evaluation performed domestically have a problem of having no systematic process of quantification of the function, even though the cost is estimated and analyzed quantitatively. Moreover, in addition to the tendency of strong practical experience, the VE evaluation has the problem of limited application of practical scientific analysis caused by declining the suggestion of creative opinions by over quantification or over objectification. This paper presents the suggestions for improvement of VE evaluation processes, which satisfies the aspects of simplification and objectification, without hindering the essence of the evaluation in the practical business point of view.

• Proceedings of the KSR Conference
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• 2005.05a
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• pp.849-855
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• 2005

Railway fields are complicatedly connected with engineering such as physics, civil engineering, architecture engineering, electrical engineering (Telecommunication, signal, catenary, system), machine engineering and performance phase of project in domestic railway can be divided with four steps : planning, design, supervision, construction. Value Engineering is needed to reduce the cost of long period construction duration and periodically maintenance. Currently, railway design is difficult to act optimum design due to limited time, short of manpower, downsized of design company. therefore, VE concept in Design must require In order to solve this problem. it is called Design Management. This paper presents both item of design management and total design management tool of practical aspects, and describes LCC (Life Cycle Cost) analyze process and accomplishment process for applying VE concept

• Korean Journal of Construction Engineering and Management
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• v.10 no.3
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• pp.111-121
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• 2009

Value Engineering(VE) at design phase(so-called Design-VE) becomes quite a compulsory solution for better customer satisfaction, cost reduction, higher product performance, and, eventually, insured predominance in the competition. Unlike intended, however, the customer requirement on Design-VE has not been fully reflected in reality. Furthermore, the Design-VE occasionally does not progress in regular sequence; Preparation for measuring customer requirement - Function analysis - Idea creation. Therefore, this study suggests Axiomatic Design Theory to be adopted in Design-VE process expecting that the functions required by the customer could systematically reflected in VE process. Post-occupancy Evaluation(POE) is also represented as a method to measure and arrange the customer requirements. The customer satisfaction Design-VE process creates ideas defining functions in more detailed, to reflect the concrete user requirement. This approach helps function analysis and idea creation linked closely because function and idea are developed zigzag (i.e. function - idea - function...) in being decomposed into level down. The application of the process proposed by this study will be helpful to improve the customer requirement measurement and clarify a link between functions and ideas.

• Korean Journal of Construction Engineering and Management
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• v.7 no.1 s.29
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• pp.55-63
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• 2006

As value engineering in design phase is big in the effect of application, analysis by systematic procedures is required. The most important part is the stage of creation for making of idea. It takes much time for us to make good idea involving the brainstorming and delphi in recent making idea. It is expected because most experts in participating in design value engineering is to approach with less effective method. In this study we suggest that application of ASIT(Advanced Systematic Inventive Thinking) is the method as way of creative idea making. ASIT is expected to perform Idea making with systematic procedure and to create effective idea in short time.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.123-130
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• 2006

Recently, Korean government promotes BTL(Build-Transfer-Lease) for their public construction project to apply private sector's experience and finance initiatives. Many of public buildings and civil infrastructure projects were planned to be delivered by BTL and it helps to continue public projects under tight budget conditions. Since the characteristics of BTL projects, creative ideas for the project function, performance and its LCC (Life Cycle Cost) become more important than usual public work project. This paper introduces the systematic "VE job Plan" application techniques for BTL project and shows the process. This study shows the application of "VE job Plan" for BTL project to help decision making and value improvement. Also, Project cost was estimated by LCC (Life Cycle Cost) analysis. Technical "FAST diagram"was developed and used to find major functions of the project. So, it helps to improve performance of functions and make creative ideas. FAST diagram also help to find relationships between functions and cost. A case study (Daegu Art Gallery BTL Project) was conducted using proposed "VE job Plan. Study demonstrates how value management helps save money and increase functional performance. Researcher found that project can save cost and improve performance of functions significantly by using appropriate VE analysis process at appropriate time.

• Proceedings of the KIEE Conference
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• 2015.07a
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• pp.1467-1468
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• 2015

과거 높은 수익 창출을 통하여 지속적인 상승세를 이어왔던 국내 건설 산업은 계속되는 경기불황으로 건설침체가 가속화 되고, 이로 인해 공공기관 건설공사의 발주물량이 점차 감소되고 있는 실정이다. 건설업은 이제 성장기를 지나 포화기, 더 나아가서는 침체기에 접어들었다는 전문가들의 의견도 나오고 있다. 이러한 상황을 타개하고자 발주기관에서는 예산절감과 품질향상을 도모하기 위해 가치공학 즉, VE(Value Engineering)를 활용하여 예산을 절감하면서 고품질의 건설 목적물을 완성하고 VE를 가치창출을 위한 주요한 도구로 활용하고 있다. 본 논문에서는 특히 가치공학이 전기설계 부문에 있어서 적용된 사례를 분석하고 가치향상 방안에 대하여 고찰하고자 한다.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.621-626
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• 2005

Recent increases in construction costs on Korean public works projects, largely due to change orders caused by poorly elaborated design, become a motivation of applying VE process in Korean construction industry. The Seoul Toll Plaza project, recently value analyzed by four VE teams, demonstrates how value management helps save time, money and increase functional performance. The objective of this project is to upgrade and expand existing pay and ticket booths system on "Kyungboo Express Highway", the main artery for the Korean peninsula linking Seoul to Pusan. The value management study generated several innovate alternatives capable of saving up to 50% of project cost from the baseline project plan.

• Journal of the Korea Institute of Building Construction
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• v.23 no.5
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• pp.571-581
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• 2023

The contemporary domestic construction landscape has witnessed a contraction, primarily attributed to the operational challenges faced by construction entities and a downtrend in the initiation of new projects. In light of this, domestic construction enterprises are ardently seeking avenues to economize whilst simultaneously amplifying the quality across diverse construction genres. Value engineering (VE), heralded for its prowess in not only cost mitigation but also in accelerating project timelines and bolstering construction quality, has been extensively adopted in refining finishing tasks. However, its application to framework enhancements remains conspicuously limited. Particularly in factory edification, framing emerges as a pivotal process exerting significant influence over the entire construction continuum. Thus, it becomes imperative to integrate VE techniques at the inception phase of framing. This would facilitate a meticulous examination of design schematics and on-site conditions, paving the way for alternative strategies that condense construction durations, economize on costs, and augment work efficiency, all the while upholding paramount standards of quality and safety. Such a venture stands to be foundational in expediting construction timelines, fostering economic efficiency, and buttressing construction safety protocols.

• Korean Journal of Construction Engineering and Management
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• v.5 no.6 s.22
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• pp.63-71
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• 2004

This study is an analysis the function Analysis Patterns for the effective application of VE(Value Engineering) and a presentation of the function analysis methods. 1. The function analysis of VE activities can be summarized 6 patterns as follows ; a generated ideas without function analysis process, a function analysis make use of inspection tools for generated idea, an illogical jump as a using of subjective terms, a using of duplication terms for same functions, a subjective ranking as function definitions for function analysis, and a large classification for a for approaching function definition. 2. In order for the effective function analysis, the process requires as follows; a check level by project advanced, a reclassified main nouns in the order of frequency of use, a main check objects by concepts of importance and satisfaction degree. It is not only good for the effective function analysis, it also induces effective turn out of the FAST Diagram for function arrangement.